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Would XRP Be Worth Buying on a Dip?
XRP (CRYPTO: XRP) has a lot going for it, even if it isn't invincible. During the past five years, its price rose by about 750%, but if you bought the coin at the wrong time -- during several of its many deep dips -- it was still very possible to be underwater on your purchases for a couple of years.So, is this coin an appealing candidate to buy if there's a dip in the near future, or is that the wrong strategy to use? Let's look at a few pros and cons and figure it out.For a cryptocurrency like XRP to be worth buying on the dip, it needs to fulfill a couple of criteria.Continue reading
XRP (CRYPTO: XRP) has a lot going for it, even if it isn't invincible. During the past five years, its price rose by about 750%, but if you bought the coin at the wrong time -- during several of its many deep dips -- it was still very possible to be underwater on your purchases for a couple of years.
So, is this coin an appealing candidate to buy if there's a dip in the near future, or is that the wrong strategy to use? Let's look at a few pros and cons and figure it out.
For a cryptocurrency like XRP to be worth buying on the dip, it needs to fulfill a couple of criteria.
